Coomera
$3,880,000
3
3
2
Management Rights
- 166 Total Units
- Permanent Complex Type
- 92 Letting Pool
- $223,372 Remuneration
- $514,585 Net Profit
- $880,000 Manager's Unit
- Pets Allowed, Pool Features
Property Description
HALF A MILLION NET PROFIT - GROWTH AREA
An excellent opportunity presents itself to experienced buyers with this terrific Gold Coast Management Rights business. Almost half of the Net Profit of $514,000 is made up of Body Corporate Salary totalling $223,000. A seasonably priced $880,000 townhouse is included in this business sale, which affords the Manager a 3-bedroom, 3-bathroom, double garage townhouse with office on title. Consequently, the return on your overall investment is exceptional with the majority of your hard-earned capital working for you in the $3 Million business component. Solid terms remain on the 25-year Accommodation Module Agreements, and this business has consistently demonstrated enviable profits over the last ten years. Coomera is a standout location with every convenience at your doorstep. The pipeline of demand from prospective tenants is massive and the suburb's continued growth is assured. Contact Bobo Qi now to secure this business!
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